When viewing messages in the console the layout is fairly restricted. Currently the layout is a 3 column layout with the first column being the message icon, the second column being the message, and the third being the the filename if applicable. With timestamps enabled it adds a 4th column.
My suggestion is to change the layout to a two row layout with the timestamp, icon, and filename in the first row. (This will also add room for more details if necessary in the future). Move the message to the second row.
This will allow more content to be shown in the message at a time without truncating and will also make the UI clean and less constrained.
Chrome is already doing something similar, instead of 2 rows they are moving the filename to an absolute position sitting on top of the message.